Pacers trade Brogdon for pick, five players
The Pacers also now have $31 million in salary cap room and will have three first-round picks next summer if the Cleveland Cavaliers make the playoffs.
Associated Press
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One year into NIL era, fresh questions about its future
The first year of the NIL era in college sports evolved into almost everything the NCAA didn’t want when it gave the green light for athletes to cash in on their celebrity. Industry experts say something must be done to keep college sports from going off the rails.
State report shows 8.5% increase in abortions in 2021
Drug-induced abortions in 2021 comprised about 56% of Indiana abortions, a slight increase from 2020.
Chip shortage leaves 95K GM vehicles incomplete in storage
The chip shortage has limited the supply of new vehicles on dealer lots in the U.S. to about 1 million, when in normal years it’s about 4 million at any given time.
Some medical debt being removed from U.S. credit reports
Starting Friday, the three major U.S. credit reporting companies will stop counting paid medical debt on the reports that banks, potential landlords and others use to judge creditworthiness.
All eyes on airlines as July Fourth holiday weekend nears
Airlines that have stumbled badly over the last two holidays face their biggest test yet of whether they can handle big crowds when July Fourth travelers mob the nation’s airports this weekend.
From stocks to crypto, a punishing six months for investors
The S&P 500, Wall Street’s broad benchmark for many stock funds, closed the first half of 2022 with a loss of more than 20% after starting the year at an all-time high. It’s the worst start to a year since 1970, when Apple and Microsoft had yet to be founded.
Supreme Court decision might slow transition to cleaner energy
The Supreme Court ruling limiting the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants could have far-reaching consequences for the energy sector.
UPDATE: Big Ten votes to add USC, UCLA as members starting in 2024
The expansion to 16 teams will happen after the Pacific-12 Conference’s current media rights contracts with Fox and ESPN expire, and make the Big Ten the first college sports conference to stretch from the Atlantic to the Pacific.
Jackson sworn in, becomes first Black woman on Supreme Court
Ketanji Brown Jackson is joining three other women, Justices Sonia Sotomayor, Elena Kagan and Amy Coney Barrett—the first time four women will serve together on the nine-member court.
Key inflation gauge tracked by the Fed remains a high 6.3%
Thursday’s report from the Commerce Department provided the latest evidence that painfully high inflation is pressuring American households and inflicting particular harm on low-income families and people of color.
Supreme Court limits EPA in curbing power plant emissions
By a 6-3 vote, with conservatives in the majority, the court said that the Clean Air Act does not give the Environmental Protection Agency broad authority to regulate greenhouse gas emissions from power plants that contribute to global warming.
New road-safety chief: Agency to scrutinize auto-driver technology
Any new regulations the National Highway Traffic Safety Administration might impose would fill what critics say is an urgent need to address the growing use of driver-assistance systems on U.S. roads.
Biden administration holding its first onshore oil sales
President Joe Biden suspended new leasing just a week after taking office in January 2021. A federal judge in Louisiana ordered the sales to resume.
Judge declines to block tighter Indiana bail restrictions
The ruling issued Wednesday will allow the law to take effect as scheduled on Friday.
Powell: ‘No guarantee’ Fed can tame inflation, spare jobs
Federal Reserve Chair Jerome Powell repeated his hope that the Fed can achieve a so-called soft landing, but said the job had become more difficult.
FTC sues Walmart over scammers’ use of money transfer unit
In its lawsuit, the agency alleged that for years, Walmart failed to properly secure the money transfer services offered at its stores.
U.S. officials announce more steps against monkeypox outbreak
Reacting to a surprising and growing monkeypox outbreak, U.S. health officials on Tuesday expanded the group of people recommended to get vaccinated against the monkeypox virus.
FDA advisers recommend updating COVID booster shots for fall
An FDA panel voted 19-2 that COVID-19 boosters should contain some version of the super-contagious omicron variant, to be ready for an anticipated fall booster campaign.
Courts asked to reinstate blocked Indiana anti-abortion laws
Indiana’s attorney general argued that after last week’s Supreme Court ruling, those challenging the laws “can claim no constitutional right to an abortion.”